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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Broadcom Inc | NASDAQ:AVGO | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 49.97 | 3.62% | 1,430.00 | 1,429.58 | 1,430.17 | 1,431.77 | 1,369.975 | 1,380.00 | 1,791,660 | 20:03:32 |
From May 2023 to May 2024
By Will Feuer
Broadcom said the German Federal Patent Court issued a preliminary opinion finding that the company's patent related to high-efficiency video coding is valid, the latest development in Broadcom's patent dispute with Netflix.
The European patent, related to H.265 video coding, is at the heart of an injunction issued in September by the District Court of Munich, which said Netflix infringes the patent when it transmits Ultra HD video.
Broadcom said it has filed a motion with the Munich Court seeking penalties for Netflix's lack of compliance with the injunction. The patent dispute between Broadcom and Netflix stretches back to 2018.
Representatives for Netflix didn't immediately respond to a request for comment.
Write to Will Feuer at Will.Feuer@wsj.com
(END) Dow Jones Newswires
November 03, 2023 09:39 ET (13:39 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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